You'd be surprised what can happen when retail are all out & markets make a surprise recovery (not much of a surprise if you can anticipate it)
Markets have stemmed the bleeding overnight
Still no bounce but hopeful again
XJO needs to get through 8215 & close above that for any bounce to be significant otherwise we have to assume we are still grinding lower for now
Stuck at 8250 this week & bulls also have a problem (I did want 8350 before we plunged but not looking likely unless we can make a move before the Oct 11th deadline)
PNV can go as high as 2.74 & bears have just reset, ready to pounce again (so I wouldn't call that a breakout)
2.78 & bears get nervous
$3 was achievable if we tracked with the market & still possible if the xjo makes a new high before Oct 11th (only needs a few points) so we are back in sync again before the pullback /plunge/correction at the end of the month
You'd be surprised what can happen when retail are all out...
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Last
$2.01 |
Change
-0.010(0.50%) |
Mkt cap ! $1.388B | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.06 | $2.01 | $1.537M | 758.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39507 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 3342 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |